Fibercore Technologies has unveiled a strategic plan to acquire a 99.97% equity stake in Suzhou Anjiexun Optoelectronic Technology Co., Ltd. This stake is currently held by five parties, including Zhang Guanming. The acquisition will be executed through a combination of share issuance, convertible bonds, and a cash payment, totaling 1.64 billion RMB. Concurrently, Fibercore Technologies plans to raise funds not exceeding 800 million RMB from a maximum of 35 specific investors.

This transaction is classified as a significant asset restructuring and a related-party deal. However, it does not qualify as a backdoor listing. Notably, Fibercore Technologies and the target company, Anjiexun, have overlapping core businesses (a more natural term than "Main Business" in this context) within the optical communications sector. Once the transaction is finalized, Fibercore Technologies will secure a controlling interest. This will pave the way for both entities to realize synergies and complementarities across various dimensions.